KPMG Survey: U.S., China to Lead Tech Sector in Four Years

KPMG LLP has published a new survey showing executives in the technology sector worldwide see the U.S. and China as potential top players to develop new technologies in the next four years.

The Global Technology Innovation survey polled 811 business leaders from startups, mid-sized companies and large organizations worldwide with goals of determining disruptive innovations, trends and the scope of change, KPMG said Thursday.

The U.S. emerged as the leading tech innovator according to 37 percent of the respondents, followed by China, India, Korea, Japan and Israel.

Gary Matuszak, global chair of KPMG’s technology, media and telecommunications practice, said growth in the U.S. tech sector and economy has raised that country’s position in the survey over the 2012 result.

KPMG also released a confidence index that examined tech executives’ prospects for their country’s technological progress based on 10 factors such as talent, infrastructure, incentives and capital.

India scored 72 in the index, owing to the business leaders’ confidence in the country’s talent, mentoring, customer adoption efforts, new technologies and infrastructure.

The U.S. landed in the third place with a score of 65 based on the respondents’ ratings for tech infrastructure, collaborations, talent and technology breakthroughs.

Tim Watson supervises all media production at Executive Mosaic, a digital media company that provides insight, information and analysis on several industries, including government contracting.

He previously produced byline coverage with the economics team at USA Today and evaluated lending proposals for the Overseas Private Investment Corporation.

Tim was born and raised in Washington, DC and holds a bachelor’s degree in Business-Journalism from Washington and Lee University and a certificate in budgeting and finance from Georgetown University's School of Continuing Professional Education.

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